Kraken Institutional taps Upshift to build vaults that earn yield on idle bitcoin, ETH and stablecoins
Upshift will build dedicated vaults tailored to each client’s specific investment strategy and risk considerations.
Wall Street turns cautious on Circle as analysts warn USDC economics face mounting pressure
Mizuho downgraded the stock and JPMorgan lowered earnings estimates, citing concerns that USDC is coming under pressure.
Bitcoin mining production slips in June for CleanSpark, BitFuFu and Canaan
CleanSpark, BitFuFu and Canaan reported lower bitcoin production in June despite mining difficulty dropping more than 10%.
Galaxy blends Aave, Morpho and other DeFi rates in new GOFR crypto borrowing product
Galaxy will act as the sole intermediary between the accredited borrowers and the blockchain-based lending protocols.
Onchain Pokémon cards come to Solana-based DEX Jupiter
While tokenized Pokémon cards aren't new, having Jupiter enter the space could give the whole category a legitimacy boost.
DOJ to drop charges against man accused in $722 million BitClub crypto Ponzi scheme: Bloomberg
A former challenger on 'The Apprentice' is one of the persons urging the DOJ to drop the charges, the report said.
Empery Digital offloads 1,400 bitcoins to help fund AI pivot, pay debt
Empery Digital used part of the proceedings for a 25% stake in an AI data center campus project.
Kraken to relaunch its mobile app with agentic trading and advice at the center
Kraken is adding autonomous AI agents capable of monitoring markets, suggesting trades and even executing on behalf of users.
Binance co-CEO says 70% of EU withdrawals went to self-custody after MiCA deadline, with just 30% going to licensed platforms
Richard Teng said 70% of EU user withdrawals following its service suspension moved to self-custody rather than MiCA-regulated platforms.
Hyperliquid Policy Center, Phantom urge CFTC to stop treating onchain like traditional protocols brokers and exchanges
The CFTC and Securities and Exchange Commission issued a Request for Information in mid-June on financial innovation.